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Comprehensive Income and Equity (Tables) | 9 Months Ended
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Sep. 27, 2014
Equity [Abstract] |
Summary of Comprehensive Income and Reconciliations of Equity | A summary of comprehensive income and reconciliations of equity, Lear Corporation stockholders’ equity and noncontrolling interests for the three and nine months ended September 27, 2014, are shown below (in millions):
| Three Months Ended September 27, 2014 |  | Nine Months Ended September 27, 2014
| Equity |  | Lear Corporation Stockholders' Equity |  | Non- controlling Interests |  | Equity |  | Lear Corporation Stockholders' Equity |  | Non- controlling Interests
Beginning equity balance | $ | 3,221.2 |  |  | $ | 3,145.8 |  |  | $ | 75.4 |  |  | $ | 3,149.5 |  |  | $ | 3,045.9 |  |  | $ | 103.6 |
Stock-based compensation transactions | 14.6 |  |  | 14.6 |  |  | — |  |  | 31.2 |  |  | 31.2 |  |  | — |
Repurchase of common stock | (103.4 | ) |  | (103.4 | ) |  | — |  |  | (259.4 | ) |  | (259.4 | ) |  | — |
Dividends declared to Lear Corporation stockholders | (16.8 | ) |  | (16.8 | ) |  | — |  |  | (50.7 | ) |  | (50.7 | ) |  | — |
Dividends paid to noncontrolling interests | (10.7 | ) |  | — |  |  | (10.7 | ) |  | (17.5 | ) |  | — |  |  | (17.5 | )
Acquisitions of noncontrolling interests | — |  |  | — |  |  | — |  |  | (18.0 | ) |  | 5.7 |  |  | (23.7 | )
Sale of controlling interest | — |  |  |  |  |  |  |  | (11.5 | ) |  | — |  |  | (11.5 | )
Comprehensive income: | — |  |  |  |  |  |  | — |  |  |  |  |
Net income | 147.9 |  |  | 140.1 |  |  | 7.8 |  |  | 434.3 |  |  | 410.6 |  |  | 23.7 |
Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |
Defined benefit plan adjustments | — |  |  | — |  |  | — |  |  | 0.1 |  |  | 0.1 |  |  | — |
Derivative instruments and hedging activities | (8.0 | ) |  | (8.0 | ) |  | — |  |  | (3.3 | ) |  | (3.3 | ) |  | — |
Foreign currency translation adjustments | (89.0 | ) |  | (90.4 | ) |  | 1.4 |  |  | (98.9 | ) |  | (98.2 | ) |  | (0.7 | )
Other comprehensive income (loss) | (97.0 | ) |  | (98.4 | ) |  | 1.4 |  |  | (102.1 | ) |  | (101.4 | ) |  | (0.7 | )
Comprehensive income | 50.9 |  |  | 41.7 |  |  | 9.2 |  |  | 332.2 |  |  | 309.2 |  |  | 23.0 |
Ending equity balance | $ | 3,155.8 |  |  | $ | 3,081.9 |  |  | $ | 73.9 |  |  | $ | 3,155.8 |  |  | $ | 3,081.9 |  |  | $ | 73.9 |
A summary of comprehensive income and reconciliations of equity, Lear Corporation stockholders’ equity and noncontrolling interests for the three and nine months ended September 28, 2013, are shown below (in millions):
| Three Months Ended September 28, 2013 |  | Nine Months Ended September 28, 2013
| Equity |  | Lear Corporation Stockholders' Equity |  | Non- controlling Interests |  | Equity |  | Lear Corporation Stockholders' Equity |  | Non- controlling Interests
Beginning equity balance | $ | 2,790.3 |  |  | $ | 2,669.3 |  |  | $ | 121.0 |  |  | $ | 3,612.2 |  |  | $ | 3,487.1 |  |  | $ | 125.1 |
Stock-based compensation transactions | 14.2 |  |  | 14.2 |  |  | — |  |  | 36.0 |  |  | 36.0 |  |  | — |
Repurchase of common stock | — |  |  | — |  |  | — |  |  | (1,000.1 | ) |  | (1,000.1 | ) |  | — |
Dividends declared to Lear Corporation stockholders | (14.2 | ) |  | (14.2 | ) |  | — |  |  | (44.8 | ) |  | (44.8 | ) |  | — |
Dividends paid to noncontrolling interests | (18.6 | ) |  | — |  |  | (18.6 | ) |  | (33.4 | ) |  | — |  |  | (33.4 | )
Acquisition of noncontrolling interests | — |  |  | — |  |  | — |  |  | (6.6 | ) |  | (3.2 | ) |  | (3.4 | )
Comprehensive income: |  |  |  |  |  |  |  |  |  |  |
Net income | 116.7 |  |  | 112.8 |  |  | 3.9 |  |  | 375.9 |  |  | 358.6 |  |  | 17.3 |
Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |  |  |  |
Defined benefit plan adjustments | 1.8 |  |  | 1.8 |  |  | — |  |  | 5.5 |  |  | 5.5 |  |  | — |
Derivative instruments and hedging activities | (5.3 | ) |  | (5.3 | ) |  | — |  |  | (14.1 | ) |  | (14.1 | ) |  | — |
Foreign currency translation adjustments | 35.1 |  |  | 34.9 |  |  | 0.2 |  |  | (10.6 | ) |  | (11.5 | ) |  | 0.9 |
Other comprehensive income (loss) | 31.6 |  |  | 31.4 |  |  | 0.2 |  |  | (19.2 | ) |  | (20.1 | ) |  | 0.9 |
Comprehensive income | 148.3 |  |  | 144.2 |  |  | 4.1 |  |  | 356.7 |  |  | 338.5 |  |  | 18.2 |
Ending equity balance | $ | 2,920.0 |  |  | $ | 2,813.5 |  |  | $ | 106.5 |  |  | $ | 2,920.0 |  |  | $ | 2,813.5 |  |  | $ | 106.5 |
Summary of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax | A summary of changes, net of tax, in accumulated other comprehensive loss for the three and nine months ended September 27, 2014, is shown below (in millions):
| Three Months Ended September 27, 2014 |  | Nine Months Ended September 27, 2014
Defined benefit plan adjustments: |  |  |
Balance at beginning of period | $ | (104.4 | ) |  | $ | (104.5 | )
Reclassification adjustments | — |  |  | 0.1 |
Balance at end of period | $ | (104.4 | ) |  | $ | (104.4 | )
Derivative instruments and hedging activities: |  |  |
Balance at beginning of period | $ | (0.6 | ) |  | $ | (5.3 | )
Reclassification adjustments | (2.3 | ) |  | (5.6 | )
Other comprehensive income (loss) recognized during the period | (5.7 | ) |  | 2.3 |
Balance at end of period | $ | (8.6 | ) |  | $ | (8.6 | )
Foreign currency translation adjustments: |  |  |
Balance at beginning of period | $ | (64.1 | ) |  | $ | (56.3 | )
Other comprehensive loss recognized during the period | (90.4 | ) |  | (98.2 | )
Balance at end of period | $ | (154.5 | ) |  | $ | (154.5 | )
A summary of changes, net of tax, in accumulated other comprehensive loss for the three and nine months ended September 28, 2013, is shown below (in millions):
| Three Months Ended September 28, 2013 |  | Nine Months Ended September 28, 2013
Defined benefit plan adjustments: |  |  |
Balance at beginning of period | $ | (246.2 | ) |  | $ | (249.9 | )
Reclassification adjustments | 1.8 |  |  | 5.5 |
Balance at end of period | $ | (244.4 | ) |  | $ | (244.4 | )
Derivative instruments and hedging activities: |  |  |
Balance at beginning of period | $ | (6.1 | ) |  | $ | 2.7 |
Reclassification adjustments | (5.7 | ) |  | (19.2 | )
Other comprehensive income recognized during the period | 0.4 |  |  | 5.1 |
Balance at end of period | $ | (11.4 | ) |  | $ | (11.4 | )
Foreign currency translation adjustments: |  |  |
Balance at beginning of period | $ | (100.0 | ) |  | $ | (53.6 | )
Other comprehensive income (loss) recognized during the period | 34.9 |  |  | (11.5 | )
Balance at end of period | $ | (65.1 | ) |  | $ | (65.1 | )

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 + Details
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